Pakistan import almost $1.35 Billion telecom products in 2016-2017

Pakistan imported telecom items worth $1,355,891 million during the financial year 2016-17, demonstrating an ostensible decrease of 0.38 percent when contrasted with the exchange of last monetary year (2015-16).

The telecom imports amid 2015-16 were recorded at $1,361,127 million, as per the information of Pakistan Bureau of Statistics (PBS). The imports of cell phones saw negative development of 5.78 percent during the period under survey contrasted with the comparing time of a year ago. The cell phone imports into the nation were recorded at $709.690 million compared with the imports of $753.224 million, as indicated by PBS information.

The telecom imports in June 2017 were recorded at $102.796 million compared with the imports of $104.441 million.

It is appropriate to say here that the general stock imports during the main month of the current financial year (July 2017) expanded by 36.74 percent compared with July 2016. The imports into the nation during July 2017 were recorded at $4.835 billion compared with the imports of $3.536 billion.

Pakistan exported products worth $1.631 billion in July 2017 compared with the exports of $1.475 billion in July 2016, demonstrating upward development of 10.58 percent.

After studies some figures, the exchanged shortfall during July 2017 was recorded at $3.204 billion, which demonstrates development of 55.46 percent when contrasted with the deficiency of $2.061 billion amid July 2016.